Deal Announcements

AppDirect Adds Series A Venture Capital Financing

Thursday, July 19, 2012 5:36:00 AM PDT | VentureDeal

San Francisco, California  --  Mobile application marketplace company AppDirect has raised $8.5 million in its first institutional venture capital round.

AppDirect operates what it calls a "Business Application Network" that enables businesses to receive one bill for all their application purchases.

iNovia Capital and Stingray Digital Group made the investment.

The company said it would hire another 50 employees before the end of 2012 and open an office in Europe in 2013.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1